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U.S. and Iran closing in on one-page memo to end war: Axios

The memorandum would start 30 days of talks on Hormuz access, sanctions relief and nuclear curbs, while Brent crude fell about 11%, Reuters said.

  • On Wednesday, the White House neared a potential agreement with Iran to end the conflict and establish a framework for nuclear negotiations, Axios reported, citing two U.S. officials and two other sources briefed on the issue.
  • The dollar's decline erases gains since the Middle East war began, as optimism over a potential resolution saps demand for haven assets and weighs on global energy markets.
  • Iran would halt nuclear enrichment under the proposed memorandum in exchange for lifted sanctions and released frozen assets, while easing transit restrictions through the Strait of Hormuz.
  • The Bloomberg Dollar Spot Index fell to its lowest level since Feb. 26, while Brent crude oil futures declined 7% to $102 a barrel, the lowest in almost two weeks.
  • Neither the State Department nor the White House has officially confirmed the report, which anticipates Iranian responses to key points within the next 48 hours.
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Lean Left

Sanctions, uranium, Hormuz Strait and UN controls. These are some of the fundamental passages contained in the Memorandum of Understanding to put an end to the war with Iran and lay a basis for more in-depth negotiations on nuclear. The one-page document for 14 points was revealed by Axios, and is the result, according to the headline, of the work of US envoys Steve Witkoff and Jared Kushner together with Iranian interlocutors. The United States…

·Rome, Italy
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Right

A shaky ceasefire, a disruptive blockade, and a divided opponent. More than two months after the US, together with Israel, launched the attack on Iran, the conflict had reached an impasse. The White House has been desperately searching for a way out for weeks. One is supposedly presenting itself now. Or is it?

·Amsterdam, Netherlands (Kingdom of the)
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KIFIKIFI
+3 Reposted by 3 other sources
Center

By Nic Robertson, Alayna Treene and Kevin Liptak, CNN - The United States and Iran are close to signing an agreement on a brief memorandum to end the war, according to a regional source familiar with the negotiations, though Trump administration officials cautioned that talks had broken down at the last minute on previous occasions. The White House received positive feedback Tuesday from Pakistani mediators indicating that the Iranians were movi…

·Idaho Falls, United States
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Right

The U.S. and Iran are approaching an agreement to end the war, which was announced by Pakistani mediators on Wednesday. US President Donald Trump had also talked about progress in seeking a diplomatic solution. The US news portal Axios reported on 14 points. These are being negotiated with Iranian officials by US ambassador Steve Witkoff and Trump's son-in-law Jared Kushner. Negotiations are being conducted both directly and via mediators. Accor…

·Vienna, Austria
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Western Morning News broke the news in Somerset, United Kingdom on Tuesday, May 5, 2026.
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